Based on the last 12 Balance of Trade events in United Kingdom, we expect USDCHF to trend downwards right now. Based on these past events there is a 71.43% chance of this. This may happen because the released value is > £-1.0B

Historical events that allowed us to draw this conclusion

09 Oct 17:00	12 Aug 16:00
14 Jul 16:00	11 Mar 20:30
13 Jan 20:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).